When will Elanco deliver ? !













Q1, 2018 Elanco performance sucked ! Hey Jeffie, have you lost your magic ? !

"In the first quarter of 2018, worldwide animal health revenue totaled $761.3 million, a decrease of 1 percent compared with the first quarter of 2017. Worldwide food animal revenue decreased 7 percent, to $474.3 million, primarily driven by market access pressures. Worldwide companion animal revenue increased 10 percent, to $287.0 million, primarily driven by higher realized prices for several products, and, to a lesser extent, the favorable impact of foreign exchange rates."
 






A closer look at Q1 results for Elanco ... 1% decrease compared to same period 2017 ... with price increases up 5% and volume down 8%. Sucks. Sinking ship. Fire sale price coming !
 






Financial results announced this morning. First 6 mos 2018 vs 6 mos 2017 = 0% growth. So don't expect much from the IPO. Here's hoping that a new CEO is announced. Performance by Jeffie has sucked several years now. Adios Elanco !